The Valuable Role of The Middle East to Norway’s Seafood Industry
Its second biggest international trade to oil and gas, Norway exported a phenomenal 2.9 million tonnes of seafood in 2023, worth a value of NOK 171 billion. This comes at a 14% increase on 2022, which was itself a record-breaking year.
So, what has propelled this ever-growing industry for the Norwegians? Amongst an increasing global appetite for fish (with the New Scientist sharing that the hunger for the meat is set to double by 2050 due to growing affluence and population), is burgeoning markets such as Saudi Arabia and the United Arab Emirates.
“With the second biggest coastline in the world, at 100,915 kilometres, our waters offer far more fish than the country can consume, so we have a fantastic opportunity to share our products across the world.” shared Ørjan Kjærvik Olsen, Manager of Emerging Markets for the Norwegian Seafood Council.
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